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South Korean ‘Crypto Revival’ Incoming?

‘No South Korea Bitcoin ETF Approval Before Elections,’ Say Experts

South Korean regulators will not give the green light to a domestic Bitcoin spot ETF before the nation’s next general elections, insiders claim. Per Sobija Mandueneun Shinmun, an...

8 months ago

Solana users should be vigilant for phishing attacks

Over $4 Million Worth of Assets Stolen By Solana Wallet Drainers: Scam Sniffer

Blockchain security firm Scam Sniffer says over $4 million worth of digital assets have been stolen by Solana wallet drainers in phishing attacks in the past month. In a recent report,...

8 months ago

Tether’s USDT stablecoin is fueling a surge in scams in Asia, a recent report from the UN’s office on drugs and crime says.

UN flags Tether’s USDT for fueling crime in Southeast Asia

According to a report seen by the Financial Times, USDT has become a key tool among criminal gangs in Southeast Asia, many of whom are using the stablecoin for...

8 months ago

The former CEO of Terra is being held in Montenegro after being caught in Podgorica's airport with falsified documents.

Do Kwon Tries To Delay SEC’s Terraform Trial so He Can Attend

Counsel representing Do Kwon, the former CEO of Terra, has asked a U.S. court to delay the Securities and Exchange (SEC) trial against him and his former company as he does not know ...

8 months ago

Coinbase Expand

Coinbase Partners to Expand Digital Asset Access in Africa

Crypto exchange behemoth Coinbase is entering into the African markets by collaborating with local stablecoin exchange Yellow Card. The significant move expands product access to Coinb...

8 months ago

Low fees by issuers spark race for market share

US bitcoin ETFs see $4.6B in volume in first day of trading

Jan 11 (Reuters) - U.S.-listed bitcoin exchange-traded funds (ETFs) saw $4.6 billion worth of shares trade hands as of Thursday afternoon, according to LSEG data, as investors jumped into the la...

8 months ago

BoE’s Deputy Governor Highlights Lack of Clear Regulation

Bitcoin is “Not Taking Off” as Mainstream Payment: BoE Governor

Andrew Bailey, Bank of England governor, says cryptos lost its momentum to keep up a in the mainstream payments system. He stressed that cryptos such as Bitcoin are “pr...

8 months ago

The embattled crypto lender has filed an intent to claw back funds from those who withdrew $100,000 or more in the three months before it declared bankruptcy.

Celsius files intent to claw back certain pre-bankruptcy withdrawals

Creditors of the bankrupt crypto lender Celsius that withdrew large sums from the platform before it declared bankruptcy may be required to return part of those funds or face legal action. ...

8 months ago

Regulators Working to Allow Retail Investors to Buy Spot ETFs

About 10 Fund Companies Preparing to Launch Spot Crypto ETFs in Hong Kong: HashKey Group

While 13 Bitcoin spot ETFs await approval from the US SEC, the Chief Operating Officer of HashKey Group, Livio Weng, has revealed that about ten fund companies are currently preparing to la...

8 months ago

BitGo was also recently named by Hashdex as the custodian in its application to become an issuer of a spot exchange-traded fund.

Crypto Custodian BitGo Wins In-Principle Approval as Major Payments Institution in Singapore

Crypto custodian BitGo was granted in-principle approval to operate as a Major Payment Institution (MPI) in Singapore, it said in a Wednesday email. The license from the Monetary Autho...

8 months ago